Good Morning! Looks like Arizona weekend is finally in full swing with more action to come over the weekend. This is the stuff we live for.
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THE MARKET
Sell-Through Rate: 87%
Market Volume ($): $1,730,533
Market Volume (units): 23
- It almost feels like 2021 in here with an 87% sell-through rate and almost $2m in dollar volume as we get into the big Arizona weekend. The unit volume will definitely continue and the dollar volume should go up as the heavy hitters cross the block. But will the sell-through rate remain strong when you take away Barrett's No Reserve auctions?
TOP SALES
1957 Porsche 356A Speedster 1600 $287,000 PCARMARKET
1968 Porsche 911 Coupe 5sp $209,000 Barrett-Jackson
2022 Porsche 911 C2S Cab. $134,000 PCARMARKET
1979 Porsche 911 Turbo Coupe 5sp $117,700 Barrett-Jackson
1972 Porsche 911T Coupe 5sp $112,200 Barrett-Jackson
SPOTLIGHT
PHOTO CREDIT BRING A TRAILER
If after seeing these images Ice Green Metallic doesn't become one of your favorite Porsche colors, we'd be stunned. And the comment section of this 1976 911S Coupe seems to completely agree. And commentators rarely agree on anything.
But most importantly, quite a few bidders thought so as well as our Spotlight car sold for $77,911, about $20,000 over the average price for a '74-77 2.7l S. Being an unrestored car with not much known about its previous history and having sat for almost a decade but with most known issues ironed out, had this car been your average White, Silver, or Black, we wouldn't have seen quite this number.
Also interesting, 2 out of the 3 top sales this past year were for Ice Green Metallic cars. The highest sale however for 2.7-liter S' went to this 116,000-mile example finished in a very rare shade of Coppa Florio Blue Paint. When you see it, the miles don't matter at all.
Prices on these cars have been fairly flat for the last few years staying steady from the pre-COVID market through the past year's post-COVID boom. They say a rising tide lifts all ships but these haven't seen the lift..... yet. That being said, we consider this one well-bought with quite the upside on a car you can still put some miles on. Just keep that paint shiny.
NOTEWORTHY SALES
- A 22,000-mile first-year Cayman S 6-speed for $36,500? Very well-bought as higher mileage cars have been traded for more recently and there wasn't a thing wrong with this example.
- Another low mileage car selling for less than recent examples with more mileage. This 2018 718 Cayman GTS finished in Miami Blue with 1,250 miles brought $76,000. Not a bad deal.
- Non-matching numbers and a few flaws can save you over $50,000 and get you a very nice 1957 356A Speedster to enjoy this summer without the worry of adding miles or chipping away at the car's value. Well-bought and we bet it will be well-enjoyed.
NEW LISTINGS
- The last time we saw this 1992 911 Turbo S2 was when it failed to sell at $192k back in 2021. As some sections of the Turbo market soften, will this Turbo find a home this time around?
- We've had our run of low mileage 996 C4S' as of late but this is the first C4S Cabriolet we've seen. This 2004 911 Carrera 4S Cabriolet 6-speed is finished in Speed Yellow and has only 3,800 one-owner miles.
- Not only is this 2016 911 R one of 991 produced, but what makes it uber-rare is it's one of only a handful of Racing Yellow examples to leave the factory.
AUCTIONS ENDED 1/26
1957 Porsche 356A Speedster 1600 $287,000 PCARMARKET
1968 Porsche 911 Coupe 5sp $209,000 Barrett-Jackson
2022 Porsche 911 C2S Cab. $134,000 PCARMARKET
1979 Porsche 911 Turbo Coupe 5sp $117,700 Barrett-Jackson
1972 Porsche 911T Coupe 5sp $112,200 Barrett-Jackson
1977 Porsche 911 3.0 Coupe 5sp $95,911 Bring a Trailer
2005 Porsche 911 Turbo S Cab. 6sp $85,800 Barrett-Jackson
2011 Porsche 911 Turbo Coupe $82,000 Bring a Trailer
1976 Porsche 911S Coupe 5sp $77,911 Bring a Trailer
1964 Porsche 356C $77,000 Barrett-Jackson
2018 Porsche 718 Cayman GTS $76,000 Cars & Bids
1982 Porsche 911SC Custom Cab. 5sp $71,500 Barrett-Jackson
2011 Porsche 911 C2S Coupe $50,000 PCARMARKET
1986 Porsche 911 Targa 5sp $47,911 Bring a Trailer
2006 Porsche 911 C2S Coupe 6sp $47,300 Barrett-Jackson
1987 Porsche 928 S4 $45,100 Barrett-Jackson
1984 Porsche 911 Cab. 5sp $43,500 Bring a Trailer
2011 Porsche Cayenne Turbo $42,900 Barrett-Jackson
2017 Porsche Macan GTS $41,000 Cars & Bids
2006 Porsche Cayman S 6sp $36,500 Bring a Trailer
2003 Porsche 911 Coupe $32,300 Bring a Trailer
1979 Porsche 911SC Targa 5sp $31,250 PCARMARKET
2005 Porsche 911 C2S Coupe 6sp No Sale Barrett-Jackson
*Prices in Red denote a high bid and no sale
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